RE: Terrible movie sequels
Speed 2 wasn't itself a terrible movie. It was made terrible because the notion that the same thing would happen to the same person twice is absurd. I can totally understand why Reeves turned it down and Bullock wasn't the huge star she is today back then and was likely happy to have a big film under the belt.
It was bizarre her taking off on a new romance as well.
I was unaware there even WAS another Lost Boys film. I may actually cruise though that while I clean my house just to see how bad it is.
I agree with you on Babe 2... the first one was an amazing film and the 2nd one was an obvious cash grab.